Wealth Enhancement Advisory Services LLC Makes New $220,000 Investment in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Wealth Enhancement Advisory Services LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,684 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sunbelt Securities Inc. increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 28,257.6% in the 4th quarter. Sunbelt Securities Inc. now owns 133,848 shares of the company’s stock worth $3,365,000 after purchasing an additional 133,376 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 46.5% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 26,529 shares of the company’s stock worth $671,000 after purchasing an additional 8,416 shares during the last quarter. Note Advisors LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth about $1,323,000. Focus Partners Wealth increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.3% in the 4th quarter. Focus Partners Wealth now owns 270,972 shares of the company’s stock worth $6,858,000 after purchasing an additional 45,729 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 15.2% in the 4th quarter. Cetera Investment Advisers now owns 26,827 shares of the company’s stock worth $679,000 after purchasing an additional 3,530 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

COMT opened at $26.88 on Tuesday. The company has a 50-day moving average of $25.10 and a 200-day moving average of $25.59. The company has a market capitalization of $693.50 million, a P/E ratio of -12.99 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $23.11 and a 1-year high of $27.99.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.